Egypt President Hosni Mubarak says he will remain in power until a new leader is elected in September.
In a live TV address, Mubarak refused to resign but announced he was handing some of his powers to his vice-president, Omar Suleiman.
Earlier it appeared Mubarak was on the verge of stepping down after 30 years as thousands of anti-regime protesters massed excitedly in Cairo’s central Tahrir Square amid rumours he would go.
Protesters reacted with fury when Mubarak revealed he would not be leaving office immediately, demanding the army join them in revolt.
Hundreds of protesters took off their shoes and brandished them at the screen on which they had seen Mubarak’s speech, an insult in Arab societies, and others chanted: “Down with Mubarak, leave, leave!” Continue reading